Sunday, May 13, 2007

Reliance veg mart attacked in Ranchi

New Delhi: The new Reliance Fresh outlet at Ranchi has been attacked by local fruit and vegetable vendors.

Protestors say their business is taking a beating as Reliance is selling their products at a much cheaper rate. Farmers allege the new mart is pushing them out of the market.

People have been queuing up to buy vegetables from the three Reliance shops set up in Ranchi the last three months.

Thousands of vegetable sellers, mostly women, are demanding closure of the Mukesh Ambani-controlled Reliance Retail stores.

Earlier on Wednesday, wielding pumpkins and broomsticks, vegetable vendors - most of them women - staged protests against the Reliance Fresh shops, accusing the firm of undercutting and pushing them out of the market in one of the first such protests by small traders against organised retailing.

Reliance Industries is making a multibillion rupee foray into the retain business in the country and intends setting up chains of supermarkets, hypermarkets and speciality stores across the country.


No comments: